I fully appreciate the contribution older people have made, and continue to make to British society and agree that we must ensure that they have security and dignity in their retirement.
I am proud of the triple lock which ensures that the basic State Pension increases every year by the highest of earnings, prices, or 2.5 percent. As a result, between April 2011 and April 2016 the basic State Pension rose by £570 more than if it had just been uprated by earnings.
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